Tag Archive
authoritarianism bank bailouts bank failures Bank of America Ben Bernanke bonds capitalism cashless society China coronacrisis cryptocurrency deficit spending Donald Trump economic bubble economic collapse economic crisis economic denial economic news articles economic predictions economic recovery epocalypse euro crisis European Union great depression Greek crisis Hillary Clinton housing bubble housing market collapse hyperinflation immigrant labor inflation Iran nuclear crisis national debt oil prices quantitative easing quantitative tightening Reaganomics recession recession v depression Russia stock market sustainable economics The Federal Reserve the Great Recession unemployment
Iranium ConFUSION Part 2: What we Know, What we Know we Don’t Know, and What we Wish we Knew
If you’re a Trump supporter, you’re going to hate this article and love it; likewise, if you are a Trump hater. I am going to lay out evidence that Trump is either the biggest moron of a president the US has ever had but also my own 4-D chess explanation that would make him cunning […]
Iranium ConFUSION Part 1: The costs of war and the likelihood of quick victory
President Trump stated on Wednesday that a war with Iran will be fast and easy. Let’s hope that means faster and easier than the trade war with China has turned out to be, now a year long and getting worse.
Nuclear Stupidity: Tillerson Says Diplomacy Continues Till First Bomb Drops
Secretary of State Rex Tillerson says President Donald Trump wants him to push forward on diplomacy with North Korea “until the first bomb drops.” (Bloomberg) Brilliant! That means until the first entire city is destroyed. At least, that is what it could easily prove to mean … unless he means until the US drops […]
Iran’s President Tacitly Admits Iran is Cheating on Nuclear Agreement
Countering recent US sanctions and President Trump’s talk of ending the “bad” nuclear agreement with Iran, Iran’s president threatened to restart its nuclear program. If his threat is true as stated, he unwittingly admitted something highly supportive of Trump’s position: Mr. Rouhani said that a reconstituted nuclear program would be “far more advanced,” a […]
2017 Economic Forecast: Global Headwinds Look Like Mother of All Storms
Headwinds that are starting to assail deep structural flaws in the US and global economies form the basis for my 2017 economic forecast, which looks like an all-out economic crisis building throughout the world. Some of these headwinds are global; some more locally focused within the United States, but that which brings down the US economy wounds the world anyway. […]
HILLARY’S WARS (Pt. 2): Wikileaks Proves Syria about Iran & Israel
Wikileaks’ exposure of Hillary Clinton’s emails reveals that US intrusion in the Syrian Civil War is really all about Iran and Israel and is part of a masterplan that started with Hillary’s advice to enter the Libyan Civil War. Hillary’s War is another expensive American adventure in nation building as the US inserts itself into another civil war, ostensibly to restrain ISIS […]
The Great Global Economic Trainwreck
Granted, global economic collapse can’t be declared as a fact yet, but train wrecks take time. A train doesn’t just crash like a car; it keeps crashing, piling car upon car, banging, tearing out trees, bending steel, plowing up rails, smashing buildings … until all the momentum is finally exhausted to the last squeak. It didn’t take […]
2015 Economic Predictions
I start the year by ending my blog in fulfillment of my bet, so this will be my last post, even as I lay out my 2015 economic predictions, which I think will be my best to date. Last year, I predicted that the economy would become particularly volatile in the fall — especially the U.S. stock […]
No Progress in Iran Nuclear Talks Predictable as Deadlock in Congress
Predicting the Iran nuclear talks would get nowhere was as easy as shooting fish in a fish market. What’s hard is understanding why so many others fail to see the obvious. Last week, I wrote, It would surprise me greatly to see the West have the pluck to say, “This was our fourth deadline, […]
Economic Forecast 2014: Strong Headwinds Face Global Economy
My “Economic Forecast 2014” starts with Russia. The first breezes of coming turbulence are already blowing in on the U.S. as a storm I’ll name “the Russian Rampage” hits Crimea and Russia braces for the the U.S. response. Foreign-owned U.S. bonds held in custody of the Federal Reserve took their largest drop on record last […]
Do Europeans have a knack for underestimating evil?
Does Europe’s chief negotiator think social intercourse is really what is important about talking with Iran? Perhaps Iran will not have time for nuclear armament if she keeps it busy talking. Just days into a new agreement with Iran, which already drags the clock out for more time to talk, Europe’s chief negotiator is suggesting the […]
IRAN NUCLEAR CRISIS: See how Iran Duped the West to buy time
Iran’s President Hassan Rouhani claims in the linked articles and video to be a master of subterfuge and deceit, as if he is practically the author of the Iran nuclear crisis. When asked why he engaged in negotiations with the West, Rouhani claims to his own people, “We needed time,” and he points out Iran […]